CANADA STOCKS-TSX may open higher; eye on Nexen, Agrium

Feb 12 (Reuters) - Canadian stock futures pointed to a
slightly higher open on Tuesday as all eyes turn to President
Obama's State of the Union address and after the G7
industrialized nations encouraged countries to refrain from
competitive devaluations.

TOP STORIES

* Canadian oil producer Nexen Inc said that the
Committee on Foreign Investment in the United States has
approved its $15.1 billion takeover by China's CNOOC Ltd
0883.HK, removing the final barrier to China's largest foreign
takeover.

* Agrium Inc : The fertilizer maker appointed two
independent directors to its board after it could not come to
terms with U.S. activist shareholder Jana Partners, which wants
to break up the company.

* Group of Seven nations reiterated their commitment to
market-determined exchange rates and said fiscal and monetary
policies must not be directed at devaluing currencies.

* President Barack Obama will give his State of the Union
address with one eye on the political calendar as time ticks
down on his bid to advance an agenda that will help shape his
White House legacy.